91
Organizational design is based on decisions about
1
work specialization and mechanisms
2
chain of command and span of control
3
centralization and matrices
4
strategy and structure
Answer: work specialization and mechanisms, chain of command and span of control
92
Parallel integration of business units is known as
1
vertical combination
2
horizontal combination
3
lateral combination
4
diagonal combination
Answer: horizontal combination
93
Which of the following is/are public documents of a company?
1
Books and Accounts
2
Registers
3
Certificate of Incorporation
4
Memorandum and Articles
Answer: Memorandum and Articles
94
A company secretaiy is
1
a member of the company
2
a creditor of the company
3
a custodian of the company meeting
4
an officer of the company
Answer: a custodian of the company meeting
95
Cumulative Preference Shareholders can claim unpaid dividend of earlier years as a matter of right, only when
1
there are sufficient profits
2
company goes into winding-up
3
there are sufficient liquid funds
4
directors refuse to pay despite available cash balance
Answer: there are sufficient profits
96
The main objective of controlling is to
1
punish the guilty person
2
ensure that performance is as per planning
3
maintain discipline
4
fix responsibility of subordinates
View Answer
Answer: ensure that performance is as per planning
97
The subsidiary voucher produced in the absence of primary voucher is called
1
general voucher
2
collateral voucher
3
notebook voucher
4
counterfoil
View Answer
Answer: collateral voucher
98
The statutory report of a company is prepared by the
1
shareholders
2
registrars
3
secretary Cumulative Preference Shareholders
4
directors in general
View Answer
Answer: secretary Cumulative Preference Shareholders
99
The balance of which of the following items may have credit balance too?
1
Cash
2
Bank
3
Investment
4
Stock
View Answer
100
A and B are two partners in a firm. They admit C giving him one-fourth share in future profits. The new profit sharing ratio of these partners will be
1
1 : 1 : 4
2
3 : 1 : 2
3
3 : 3 : 2
4
3 : 3 : 4
View Answer
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